Choosing the Right Location and Property

The first step is to choose the right location. Albania offers several attractive areas for investors as well as holiday home buyers. The most sought-after include:

• Shëngjin – A popular destination with beautiful beaches and a peaceful atmosphere.
• Durrës – Albania’s largest coastal city with good infrastructure and a rich history.
• Vlora – A dynamically developing area with stunning beaches and investment potential.
• Saranda – A premium destination overlooking the Greek island of Corfu, ideal for tourists and investors alike.

Once you have chosen a location, the next step is to assess the available properties, their price, amenities, and potential for future appreciation.

Verification of the Property’s Legal Status

Before signing any contract, it is essential to verify the legal status of the property. This includes:

• Checking ownership in the land registry.
• Verifying that the property is free of any debts or legal disputes.
• Reviewing building permits and compliance with local regulations.

Our company will provide a complete legal due diligence review of the property, ensuring the entire process is safe and transparent.

Property Reservation and Deposit Payment

Once the property has been selected, it is necessary to sign a reservation agreement and pay a deposit. This amount usually ranges from 10–20% of the purchase price and serves as a guarantee that the seller will remove the property from the market.

Signing the Purchase Agreement and Transferring the Funds

Once all legal formalities have been completed, the purchase agreement is signed before a notary. The purchase price is then transferred to the seller’s account. Payment can be made in euros or Albanian lek.

Registration of the Property in the Land Registry

After the purchase price has been paid, the ownership must be officially registered. We handle this process for you, and it includes:

• Registration in the Albanian land registry.
• Obtaining a tax identification number for property ownership purposes.
• Reporting the change of ownership to the relevant authorities.

Possible Renovation and Furnishing of the Property

In some cases, minor alterations or a complete renovation may be necessary. As part of our services, we can arrange:

• Interior design and planning.
• Purchase and installation of furniture.
• Renovation works.

Property Management and Rental Option

If you want to rent out your property, we offer full property management, which includes:

• Marketing and listings on booking platforms (Airbnb, Booking.com).
• Communication with guests and stay coordination.
• Regular cleaning and property maintenance.
• Tax and legal services related to rentals.

Tax Obligations and Fees

Buying property in Albania also involves certain tax obligations. These include:

• Property transfer tax – usually around 3% of the purchase price.
• Rental income tax – if you rent out the property, you are required to pay tax of approximately 15%.
• Annual property tax – relatively low compared to other European countries.